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Reference Code:  105091

[Piaget] Product & Merchandising Manager

Seoul, 11, KR

Permanent
  
  

Since 1874, Piaget has been committed to bringing the spirit of Luxury to life thanks to a constant quest for creativity, an unlimited innovation and a respect for excellence. All this being possible thanks to a fully integrated Manufacture mastering watchmaking and high jewelry know-how.
Piaget excels in everything that is rare, precious and exceptional.
Always do better than necessary: the Piaget founder’s motto still remains the guiding principle for all our colleagues across the world who, every day, make Piaget grow with passion.

MAIN PURPOSE

To be in charge of the merchandising and procurement of all Piaget products focus on Jewellery and Watch

 

KEY RESPONSIBILITIES

 

  1. Be in charge of product strategy plan
    • Key product strategic plan set up
      • Business plan set up based on HQ strategy and market trend
      • Sales estimation per product category and network
    • Planning and forecasting whole year’s sales in value by collection by network
      • Quarterly product forecast based on sales estimation
      • Drive alignment budget processes with APAC regional office and HQ
    • Yearly product launching preparation
      • Manage novelty launching plan
      • Lead key launching material development – launching note / Incentive scheme / launching BTQ/ Monitoring training material

 

  1. Analyze and manage stock status
    • Monitor central and boutique stock level in all network – Retail / WHS / DF/ ECOM
      • Prioritize best sellers / Event / SDP project
    • Ensure product assortment and model stock are aligned with market needs, forecast, and region/ global counterparties
      • Keep appropriate MDS level through regular meeting
    • Anticipate shortage and overstocks and apply required actions

 

  1. Product analysis and sales monitoring
    • Monitor sales trend of each boutique and product collection
    • Initiate best sellers sales and implement product incentive plan
      • Set up long term/ short term incentive plan to encourage staff motivation and sales
    • Product KPI management per BTQ
  1. High Jewellery & HTI category management
    • Be responsible for local event stock
      • Have in-depth understandings of client’s and btqs’ needs
      • Closely collaborate with High Jewelry manager for the event stock selection and operation
    • QC and damage report to HQ
    • Be responsible for carnet stock allocation and return between BTQ and HQ

 

  1. People management & teamwork
    • Collaborate with APAC regional office and other department to align brand strategy
    • Encourage btq staffs to understand the product strategy
      • Emphasise product strategy all year round through Product ambassador meeting
    • Ambassador program management
      • Set up ambassador program – Training contents / Entertainment / Product information
  2. Reporting / Meeting preparation
    • Monthly sales report / Weekly best sellers report
    • Support business review and strategic meeting
    • Monthly sales meeting / Quarterly product ambassador meeting
    • HQ meeting (upon request)

EXPERIENCE:

    • Over 10 years of professional experience related to Merchandising & Product (Luxury Jewellery and Watch, Fashion will be plus)
    • Excellent communication skills, excellent command in both spoken and written English
    • Strong analytical skills, detail-oriented, good planning and organizational skills
    • Pro-active approach to tasks and ability to manage several projects simultaneously and timely
    • Result-oriented
    • Team player
    • Driving business plans and represent the market with trends and gaps analysis
    • Experience in High Jewelry and HTI to enable formulation of event and product strategy
    • Sensitive to numbers, with strong analytical skills and detail-oriented
    • Strong collaboration with APAC regional office and HQ

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